Kyle served on the President’s Manufacturing Council and Cosgrove on the Strategic and Policy Forum. The president tweeted Wednesday he’s ending both groups. But the Forum CEOs had agreed to disband during a conference call earlier in the day.

Members of both panels had been under public pressure to resign following President Trump’s statements blaming “many sides” for the violence in Charlottesville this past weekend.

A joint statement from the CEOs who sat on the President’s Strategic Forum said the debate over participation in the group had become – quote -- “a distraction” from the economic policy initiatives they were tasked to address.

The statement also said racism and violence have “no place” in America – a reference to the white nationalist march that led to a counter-protester being killed. Neither Cosgrove nor Kyle issued individual statements.

Related Content

President Trump declared Wednesday he is disbanding two economic advisory panels, after a growing number of the corporate CEO's who sat on them decided to leave, in the wake of Trump's response to the violence in Charlottesville, Va., over the weekend.

Trump said in a tweet that he is ending the Manufacturing Jobs Initiative and the Strategic and Policy Forum "rather than putting pressure on the businesspeople" that made up those groups.

After days of national speculation about whether the Cleveland Clinic's Toby Cosgrove would take the top position at the embattled U.S. Department of Veterans Affairs, he announced over the weekend that he's withdrawing his name from consideration.

A leading U.S. hospital says it won't move its annual fundraiser away from a Donald Trump resort despite pressure from health professionals and others over the president's support for repealing the Affordable Care Act.

The U.S. Occupational Safety and Health Administration has cited the Timkin Steel plant in Canton for six safety violations, including failing to protect workers from a dangerous atmosphere caused by chemicals leaking into the ventilation system.